The value of salvage building components
Salvaged elements may not add to a home’s appraised value. An appraiser probably won’t include a home’s reclaimed heart pine beams in the kitchen or the bathroom’s antique plumbing fixtures when calculating the house’s value.
But that doesn’t mean the seller can’t use those amenities as selling points and boost the asking price accordingly. Homebuyers may be willing to pay more for authentic elements that give a house personality.
Talking with a local realtor before making changes; they’ll have a good sense of the housing market’s current demands and should be able to tell you whether a vintage element will boost your home’s market value.
Bob Abner (Huff Realty) is a well-respected, top Realtor in the Northern Kentucky/Greater Cincinnati real estate market with vast experience in the real estate industry. For Northern Kentucky Real Estate Listings and Home buying and selling Information visit: http://www.BobAbner.com
via houselogic.com
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